Private Advisor Group LLC has invested $386,000 in Allegion Public Limited Company (NYSE:ALLE), while Janney Montgomery Scott LLC and Amalgamated Bank have stocks of $7.84 million and $4.13 million holdings in ALLE, respectively. Allegion recently announced the pricing of $400 million of Senior Notes and shared their FY2024 Earnings outlook. The health of Allegion's balance sheet, its expanding international portfolio, and strategic acquisitions such as Dorcas and Stanley Black & Decker's Access Technologies Business demonstrate its strong expansion strategy. Additionally, Allegion's President, John Stone increased his shares by 24%, instilling investor confidence. Q4 financial results for both 2023 and 2024 outlook have been shared with EPS missing expectations. ALLE's 45% ROE exceeds average industry performance. Allegion aims to continue its growth through continued buyouts, such as with GWA Group and ISONAS, and new investments. They are also planning to add jobs in Indianapolis and acquire high-performance door manufacturer AD Systems.
Allegion Public Limited Company ALLE News Analytics from Tue, 12 Nov 2013 08:00:00 GMT to Thu, 23 May 2024 07:41:09 GMT -
Rating 7
- Innovation -2
- Information 8
- Rumor -4